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Argentina sovereign default could claim Clisa as victim, says S&P

Cristina Kirchner, Axel Kicillof, Argentina

Argentine industrial conglomerate Clisa (Compañía Latinoamericana de Infraestructura & Servicios) is looking to push out its bond maturities with a debt exchange that Standard & Poor’s says it not distressed, but could lead to a missed default partly to the sovereign’s recent missed payment.

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